IDEX Quick Ratio from 2010 to 2024

IEX Stock  USD 231.81  1.18  0.51%   
IDEX Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 1.28 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
2.04977014
Current Value
1.28
Quarterly Volatility
0.5766214
 
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Covid
Check IDEX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IDEX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.7 M, Interest Expense of 54.3 M or Total Revenue of 3.4 B, as well as many indicators such as Price To Sales Ratio of 5.26, Dividend Yield of 0.0157 or PTB Ratio of 4.87. IDEX financial statements analysis is a perfect complement when working with IDEX Valuation or Volatility modules.
  
Check out the analysis of IDEX Correlation against competitors.

Latest IDEX's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of IDEX Corporation over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. IDEX's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IDEX's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

IDEX Quick Ratio Regression Statistics

Arithmetic Mean2.13
Geometric Mean2.05
Coefficient Of Variation27.09
Mean Deviation0.40
Median2.06
Standard Deviation0.58
Sample Variance0.33
Range2.3547
R-Value0.16
Mean Square Error0.35
R-Squared0.02
Significance0.58
Slope0.02
Total Sum of Squares4.65

IDEX Quick Ratio History

2024 1.28
2023 2.05
2022 1.71
2021 2.72
2020 3.43
2019 2.7
2018 2.23

About IDEX Financial Statements

IDEX investors use historical fundamental indicators, such as IDEX's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in IDEX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.05  1.28 

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Additional Tools for IDEX Stock Analysis

When running IDEX's price analysis, check to measure IDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.